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- Path: sparky!uunet!ogicse!das-news.harvard.edu!cantaloupe.srv.cs.cmu.edu!crabapple.srv.cs.cmu.edu!BEAUFAIT%CEBAFVAX.BITNET@VTVM2.CC.VT.EDU
- From: BEAUFAIT%CEBAFVAX.BITNET@VTVM2.CC.VT.EDU
- Newsgroups: sci.space
- Subject: privatly financed space colony
- Message-ID: <C0p0uJ.65K.1@cs.cmu.edu>
- Date: 11 Jan 93 14:09:44 GMT
- Article-I.D.: cs.C0p0uJ.65K.1
- Sender: news+@cs.cmu.edu
- Distribution: sci
- Organization: [via International Space University]
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-
- Your figures seem fine but I see one problem. If you start saving at 20
- you arnt ready to purchase a colony untill your 40. If it takes 10 years
- from the time you start purchase untill you can expect delivery ,then the mean a
- ge of the colonists will be 55 to 60. The moon may be a great place to spend
- your old age and you could maybe live to be a hundred there but this isn't
- proven yet. (And source of income) If you want to leverage your buy of a colony
- you need a way to payback the morgage. If all your investors go to the moon
- they wont have a proven source of income and all of ther planet side job
- income will disipear.(accept maybe retirment benifits) And the banks at
- least in the US frown on giving loans to anyone whos life expectancey is
- shorter than the loan period. I hate playing the bad guy, your ideas have
- merit and I will give it personal consideration, but you had beter think
- of using a Japanese bank.(They are starting to give 100 year morgages to
- families as aposed to individuals.) And youd better think about sending
- your kids.
- beaufait @cebaf2.cebaf.gov
-